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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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4221 Polk St , Dearborn Heights, MI 48125
$119,900
Est. Payment: $266.44/mo
0 Bed
2 Bath
0 Sqft
Status: Active | Days on site: 0
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House Description

Discover a unique investment opportunity at 4221 Polk St. in Dearborn Heights! Built in 1925 and conveniently located within walking distance of St. Sebastian Church and School, this property offers tremendous space, flexibility, and possibilities for an owner-occupant or investor. The property currently features a spacious 4 bedroom/1 bath main home with a basement, PLUS a separate 1 bedroom/1 bath apartment located above the 3-car garage. What makes this property especially interesting is the potential for separate living spaces. Similar homes on the street have converted the second floor of the main house into a separate apartment, utilizing the existing straight-shot staircase located at the rear of the home. This creates the possibility of exploring a 3-unit configuration on one property. Live in one and rent the others, create a multi-generational setup, or explore the potential for multiple income-producing units. With the existing apartment already above the garage and the size and layout of the main home, there are plenty of possibilities for the right buyer. Bring your ideas and imagine what this property could become!The city inspection has already been completed, and the seller is offering the property as-is. With its character, generous space, and future possibilities, this 1925 property offers a unique opportunity that is difficult to find.

Highlights

Listed by Carol Lee , 734-718-1606 Golden Key Realty , 248-596-1200.

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1925

County

Wayne

Neighborhood

Dearborn Heights City

School District

Dearborn Heights

Listing ID

20261074741

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Water:Public

Exterior Features

Lot:Sidewalk
Principal Interest
$266
Taxes
$184

Home Price

$119,900

Loan Details

30 yrs
%

Down Payment

20%
$23,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$266.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $266.44 $183.58 $0.00 $450.03
Yearly $3,197.33 $2,203.00 $0.00 $5,400.33
Total $95,920.00 $66,090.00 $0.00 $162,010.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Dearborn Heights, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.